HomeMy WebLinkAboutOrdinance No. 2449-2009�l+e c. of
KENAI, ALASKA
CITY OF KENAI
ORDINANCE NO. 2449 -2009
SUBSTITUTE
Suggested by: Administration
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY S3,500 IN THE GENERAL FUND
LAND ADMINISTRATION FOR COST INCURRED FOR MAINTAINING PROPERTIES
FORECLOSED UPON FOR NON PAYMENT OF PROPERTY TAXES.
WHEREAS, the City of Kenai had received, via foreclosure for unpaid property taxes,
five parcels along Peninsula Avenue which the City intended to designate for a public
purpose; and,
WHEREAS, as permitted under Alaska Statute, the prior record owner, The First
Baptist Church represented by Mr. David Rohner, exercised its right to repurchase the
property prior to its designation for a public purpose; and,
WHEREAS, as per Alaska Statute, The First Baptist Church was required to pay all
outstanding property taxes due, this included the 2006 and 2007 property taxes for
which foreclosure commenced and the 2008 taxes that were subsequently due; and,
WHEREAS, in addition to outstanding property taxes, The First Baptist Church was
also required to pay all penalty and interest due on outstanding taxes as well as all
cost incurred by the City of Kenai to maintain the properties during its time of
ownership.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
General Fund
Increase Estimated Revenues:
Miscellaneous Revenue
General Fund Land Administration
Increase Appropriations:
Miscellaneous Expense $3,104
Utilities 396
$3 500
New Text Underlined [DELETED TEXT BRACKETED]
$3,500
Ordinance No. 2449 -2009 SUBSTITUTE
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21st day of
October, 2009.
ATTEST:
7 Lich' r CCU
Carol L. Freas, City Clerk
Approved by Finance:--- r
a
PAT PORTER, MAYOR
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Introduced: October 7, 2009
Adopted: October 21, 2009
Effective: October 21, 2009
the 4of
KENA� SKA
To: Rick Koch, City Manager
From: Terry Eubank, Finance Director
Date: October 15, 2009
Re: Peninsula Avenue Foreclosed Properties
Judgment Decree for Unpaid Taxes
Interest on Taxes from Judgment Decree
2008 Property Taxes Due
Interest and Penalty on 2008 Taxes
Past Due Water Sewer Service Billings
City of Kenai Expenses Managing and Maintaining
the properties:
Staff time managing and maintaining
Relocation costs for existing tenants
Total Repurchase Price
"Village with a Past, Ci y with a Future"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 283 -7535 ext 221 FAX: 907 283 -3014
As the result of foreclosure for non payment of property taxes, the City received deed to five
parcels along Peninsula Avenue. As adopted in City of Kenai Ordinance 2441 -2009 the City
intended to dedicate these properties to a public purpose. Prior to adoption of Ordinance 2441-
2009, Mr. David Rohner representing The First Baptist Church repurchased the properties as
allowed under Alaska Statute.
The repurchase price for the properties was $14,923.94 and included the following:
4,512.20
629.10
2,088.92
361.46
1,420.83
2,807.43
3,104.00
$14
At the time of this memo it appears the form and method of payment are valid. It it's the City's
intent to deed the property to The First Baptist Church on Friday, October 16, 2009 unless
notification is received from our bank regarding failure of the payment to negotiate.
Substitute Ordinance 2449 -2009 will now rather establish budget to pay the relocation costs of
the existing tenants we successfully moved during our ownership and pay utilities used during
the same period of time. Payment for all past due property taxes, penalty and interest has been
made to the Kenai Peninsula Borough.